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Chelsea Groton Bank Promotes Eight Officers

Demonstrating commitment to employee growth and satisfaction, Chelsea Groton Bank promoted eight officers at its recent Board of Trustees meeting.
“One of the great joys of the year is presenting the board with a list of individuals to consider for promotion,” stated President and CEO Michael Rauh. “We approved eight wonderful people at the board meeting because of their first-rate talent, dedication and successful efforts, as well as their constant customer-first approach, always in keeping with the bank’s mutual philosophy of shared trust, purpose and respect. Congratulations to all!”
Judy Stumpo, Director of Risk, was promoted to Senior Vice President. Since 1989, Stumpo has held positions of increasing responsibility before assuming her new role, which includes collections. A key member of the Senior Management Team for the past 18 months, she is a graduate of the National School of Banking and the Connecticut School of Finance and Management.(2) This year, she attended the ABA National Compliance School.(3)
Kate Allingham, Risk and Compliance Manager, was promoted to Vice President. With the bank since 1999, Allingham led the team implementing the Bank’s new BSA/AML (bank secrecy act/anti-money laundering) software in 2012 and launched a new vendor management system.  She is an active member of the Verafin Community (Verafin is a national bank fraud detection leader) and has been a presenter at their user group meetings.  Allingham recently completed the ABA Graduate School of Compliance Risk Management and completed the Connecticut School of Finance and Management program with honors.
Chrissy Caplet, Norwich Branch Manager, was promoted to Assistant Vice President. Caplet joined the bank in 2000. In 2012, she helped develop the bank’s new, branch-wide quality control training program. She is a graduate of the Chamber of Commerce Leadership Program(1)  and the Connecticut School of Finance and Management.  Caplet was recently selected for the Southeastern Connecticut area chambers’ “40 under Forty” award. She is actively involved in the local community and serves on the board of Madonna Place in Norwich, as secretary and as a member of the fund development committee.
Patti Rodgers-Longo, Mortgage Specialist, was promoted to Assistant Vice President. Rodgers-Longo has been with the bank for over 6 years, consistently growing her loan production each year and receiving outstanding ratings on loan customer surveys. She is a Chamber of Commerce Leadership Program graduate and an active member of ECAR (Eastern Connecticut Association of Realtors), an organization whose goals include promoting high standards of conduct in the real estate profession and safeguarding all constituents.
Kate Alves, Credit Department Manager, was promoted to Assistant Treasurer. Since joining the bank in 2005, Alves has exhibited strong leadership skills working within the commercial loan department and with bank customers.  A graduate of the Connecticut School of Finance and Management and Chamber of Commerce Leadership Program, Alves also serves on the Groton scholarship fund board and is a member of the City of Groton’s economic development committee.
Debra Przylucki, General Ledger Manager, was promoted to Assistant Treasurer. Przylucki has continually assumed new and broader responsibilities since joining the bank in 1993. Her additional responsibilities now include overseeing all investor loan accounting procedures, managing the accounts payable approval process, preparing monthly Passive Investment Corporation (PIC) accounting, and working closely with the Federal Reserve Bank.
Kelly Burke, Credit Analyst, was promoted to Senior Credit Analyst and Assistant Secretary. Burke was instrumental in the bank’s significant 2012 commercial loan underwriting and production increase. She recently joined the Chelsea Activity Team and is attending the Connecticut School of Finance and Management.
Lisa Marsie, Assistant Purchasing Manager, was promoted to Assistant Secretary. With the bank since 1999, Marsie has assumed increased responsibilities over the years, focusing on operational efficiency and working diligently to help the bank develop efficiencies and cost savings related to equipment leasing, record retention, storage, postage, supplies and courier delivery.
(1)    The two-year Chamber of Commerce Leadership Program prepares future community leaders for positions of responsibility by acquainting them with significant community processes, programs and problems; improving their understanding of economic, social and political forces impacting the community; and much more.
(2)    The two-year Connecticut School of Finance and Management program gives banking management personnel a more comprehensive knowledge and awareness of banking theory, practices and procedures; capital markets; management functions and more to prepare them for new and greater responsibilities. 
(3)    ABA National Compliance School helps compliance professionals gain essential technical understanding of major compliance issues, and lays the groundwork for developing and maintaining an effective compliance program.
For more information about the bank’s recent officer promotions please contact Jessica DeConto at (860) 448-4118 or